On Monday, Tisco Securities expects the Thai market to trade sideways, as investors are currently monitoring the US-Thai trade talk, and Thai stocks were overbought last week, which resulted in a significant improvement in the SET Index.
For today trading, the securities firm cautioned short-term speculative selling from investors.
The brokerage firm recommends investors to closely monitor the trade talks, banks’ 2Q25 earning reports, and Thailand’s trade reports, as well as this week’s cabinet meeting, which is set to appoint the new Bank of Thailand governor.
The firm set a resistance level for the SET Index at 1,220 – 1,230 points and a support level at 1,195 points for today’s session.
Last Friday, Thailand’s SET Index closed at 1,206.58 points, increased 8.47 points or 0.71% with a trading value of THB 53.77 billion.
